NOT LISTED FOR SALE

Estimated Value: $4,502,000 - $8,464,082

4 Beds
5 Baths
7,355 Sq Ft
$859/Sq Ft Est. Value

Last Sold July 07, 2016

Last sale price $3,850,000 $523 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $38,153/month

275 Days on Market

Highlights

  • Ocean View
  • Home Theater
  • Fireplace in Primary Bedroom
  • Malibu Elementary School Rated A
  • Maid or Guest Quarters
  • Bonus Room

About This Home

As of July 2016

One of kind contemporary trophy home at Broad Beach with ocean views, directly across the street from beach entrance. Soaring ceilings, floor-to-ceiling windows and spacious and sun filled open rooms overlook the ocean with sunset views of the Channel Islands. Three stories and approx. 7,400 square feet with elevator and 4-car garage, a home this large could not be recreated with current building codes. Special features include a theater, elevator, office, large master bedroom with expansive en-suite marble bathroom, lushly landscaped courtyard and private spa. Just 3 miles from Zuma Beach, market, restaurants, shops and schools.

Last Agent to Sell the Property

Shen Schulz

Sotheby's International Realty License #01327630 Listed on: 09/16/2015

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,840

Year Built

  • Built in 1989

Lot Details

  • 8,064 Sq Ft Lot
  • Property is zoned LCR17500*

Parking

  • Attached Garage

Interior Spaces

  • 7,355 Sq Ft Home
  • 2-Story Property
  • Bar
  • Formal Entry
  • Family Room
  • Living Room
  • Dining Area
  • Home Theater
  • Den with Fireplace
  • Bonus Room
  • Center Hall
  • Ocean Views
  • Basement

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Community Details

  • Billiard Room

Listing and Financial Details

  • Assessor Parcel Number 4470-020-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,840

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Advertising Remarks: LISTING AGENT - SHEN SCHULZ, SOTHEBY'S INTERNATIONAL REALTY, CEL# 310.980.8809, shenschulz@gmail.com
  • Living Area: 7355
  • Stories: 2
  • Year Built: 1989
  • Number Of Photos: 51
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Master Bedroom
  • Flooring: Carpet, Tile
  • Bedrooms: 4
  • Full Bathroom: 5
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Den: 1
  • Equipment: Dishwasher, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 543.17

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Garage, Garage - 4+ Car

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4470-020-011
  • Geocode Override: No
  • Lot Size Area: 8064

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2021
Sold by
Schrey Thomas and Schrey Patricia
Bought by
Schrey Thomas E and Schrey Patricia A
Current Estimated Value
$6,318,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,690,000
Outstanding Balance
$1,527,736
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$5,680,188

Purchase Details

Listed on
Sep 16, 2015
Closed on
Jul 1, 2016
Sold by
Toth Brett M
Bought by
Schrey Thomas and Schrey Patricia
Seller's Agent
Shen Schulz
Sotheby's International Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$4,245,000
Sold Price
$3,850,000
Premium/Discount to List
-$395,000
-9.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$1,677,038
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 23, 2015
Sold by
Toth Brett M
Bought by
Toth Brett M

Purchase Details

Closed on
Oct 26, 2006
Sold by
Toth Michael B
Bought by
Toth Michael B and Michael B Toth Trust

Purchase Details

Closed on
Apr 30, 2003
Sold by
Davis Erin D
Bought by
Davis Paul H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,140,000
Interest Rate
4.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2003
Sold by
Bleviss David and Bleviss Shirley M
Bought by
Toth Michael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,140,000
Interest Rate
4.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2002
Sold by
United Assurance Company Ltd
Bought by
The Bleviss Family Trust and The Clark Living Trust

Purchase Details

Closed on
Jul 15, 2002
Sold by
United Assurance Company Ltd
Bought by
Corporate Consulting Services Ltd

Purchase Details

Closed on
Sep 27, 2001
Sold by
Household Finance Corp Of California
Bought by
United Assurance Co Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,555,000
Interest Rate
6.91%

Purchase Details

Closed on
Jun 22, 2001
Sold by
Morris Jimmy H
Bought by
Household Finance Corp Of California

Purchase Details

Closed on
Apr 18, 2001
Sold by
International Synergy Corp
Bought by
International Synergy Corp

Purchase Details

Closed on
Apr 6, 2001
Sold by
Morris Jimmy H
Bought by
International Synergy Corp
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schrey Thomas E -- Fidelity National Title Co
Schrey Thomas $3,850,000 Fidelity Sherman Oaks
Toth Brett M -- None Available
Toth Michael B -- Accommodation
Davis Paul H -- --
Toth Michael B $1,900,000 --
The Bleviss Family Trust $1,779,751 Commerce Title Co
Corporate Consulting Services Ltd $10,000 --
United Assurance Co Ltd $1,367,000 Fidelity Title
Household Finance Corp Of California $490,581 --
International Synergy Corp -- --
International Synergy Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schrey Thomas E $1,690,000
Closed Schrey Thomas $1,500,000
Closed Schrey Thomas $1,677,038
Previous Owner Toth Michael B $2,100,000
Previous Owner Toth Michael B $1,140,000
Previous Owner United Assurance Co Ltd $1,555,000
Previous Owner Morris Jimmy H $200,000
Closed United Assurance Co Ltd $23,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2016 07/07/16 Sold $3,850,000 -3.6% $523 / Sq Ft
05/18/2016 05/18/16 Price Changed $3,995,000 -5.9% $543 / Sq Ft
05/04/2016 05/04/16 For Sale $4,245,000 +10.3% $577 / Sq Ft
04/12/2016 04/12/16 Off Market $3,850,000 -- --
03/07/2016 03/07/16 Price Changed $4,245,000 -4.5% $577 / Sq Ft
02/26/2016 02/26/16 Price Changed $4,445,000 -1.8% $604 / Sq Ft
11/30/2015 11/30/15 Price Changed $4,525,000 -5.2% $615 / Sq Ft
10/29/2015 10/29/15 Price Changed $4,775,000 -2.1% $649 / Sq Ft
09/16/2015 09/16/15 For Sale $4,875,000 -- $663 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $53,840 $4,468,251 $2,321,170 $2,147,081
2024 $53,840 $4,380,639 $2,275,657 $2,104,982
2023 $52,780 $4,294,745 $2,231,037 $2,063,708
2022 $52,238 $4,210,536 $2,187,292 $2,023,244
2021 $50,982 $4,127,977 $2,144,404 $1,983,573
2020 $50,741 $4,085,650 $2,122,416 $1,963,234
2019 $50,019 $4,005,540 $2,080,800 $1,924,740
2018 $47,613 $3,927,000 $2,040,000 $1,887,000
2016 $28,992 $2,281,981 $1,321,147 $960,834
2015 $28,648 $2,247,705 $1,301,303 $946,402
2014 $28,191 $2,203,677 $1,275,813 $927,864
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-942191

The MLS

APN: 4470-020-011